Home Altcoins News NEM Symbol Launch and Crypto Exchange Trading Competition Brewing Excitement

NEM Symbol Launch and Crypto Exchange Trading Competition Brewing Excitement

NEM Symbol Launch and Crypto Exchange Trading Competition

NEM Symbol Launch and Snapshots dates are confirmed.  Symbol is all set to come on 15 March, 2021. To celebrate, they are continuing the biggest ever crypto Exchange Trading competition with more exchanges on board for Wave 2. With a $500k prize fund, users do not want to miss out!

Some users had to state “I’ve seen no exchange doing the competition, and even worse, nobody even mentioned a competition for XEM” for as long as he has checked for it.”

One of the clarification read:  Hi, there will be more info on that coming in the early hours of 1 March (UTC).

One Tournament – Three Waves Announcement:  “The Global Exchange Trading Tournament brings together some of the biggest and best exchanges to create a unique experience with exchanges offering major prizes and activities to really kick off the launch of Symbol in style.

Waves 1 and 2 will focus on a XEM trading competition, while Wave 3 which takes place immediately after Symbol launch, will be for trading XYM.

With exchanges that are supporting XEM and XYM tokens, NEM wants to provide an opportunity for the participants in our community to demonstrate their trading ability and pit themselves against other users and on multiple exchanges.

Each participating exchange will set the terms and conditions. To win prizes you need to trade on a participating exchange. To win more, trade on multiple exchanges.

Wave 2 exchanges will be locked until 1 March and Wave 3 exchanges will be locked until 12 March. 

Exchanges are constantly signing up to the Global Exchange Trading Tournament, so please watch this space!”

NEM reminded the community about one of their Japanese NEMbers making an NEM cake.  This month is NEM’s birthday and Symbol is coming soon.  They are all preparing to celebrate together.

Symbol, a feature-rich platform permits users to build blockchain projects faster and more efficiently using familiar APIs to interface with the existing platform. With Symbol, users will be able to develop their own way. NEM is thus facilitating lot of possibilities.

For clarity, Symbol is built with a four-tiered architecture, making it more resilient and faster than current blockchains. This ensures that a slowdown in one layer won’t slow the others, and each of the layers can be updated independently. Use our ready-made plug-in configurations for your most common business needs, or configure the plug-in primitives to customize the capabilities of your network without sacrificing performance. Here are some of the preconfigured plug-ins on Symbol.

Users feel that despite the feature being good, there is lot of marketing to be done.  Some users feel that finally NEM is active in marketing and that they are caring about the price. Further stating that it is important to rock the silence of the years up gearing towards the bull market.

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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